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The Future of Procurement: Accurate Vendor Master Data

A recent survey shows more than nine out of 10 finance and procurement executives don’t trust the accuracy of their supplier data. And in an article published by the blog site Spend Matters UK, our apexanalytix procure-to-pay team explores what can be done to address this startling confidence gap.

One key takeaway: To gather, monitor, verify and validate data for 100 percent of your supplier base, you’ll need to make the most of technology, including smart portals, artificial intelligence and robotics.